Using a SIEM Tool is essential to securing your IT environment and limiting the damage from attacks. SIEM workflows help you identify threats earlier and reduce their damage.
Providing greater visibility into an organization’s IT environment
For years, it has been reported that SIEM tools are highlighted as the solution of the future. SIEM solutions are classified based on how well they serve an organization. It highlighted the benefits of best siem tools and selected SIEMs to competitors.
The data generated by SIEM tools are derived from various sources, including security devices, network infrastructure, and endpoints. The data is captured as log files containing authentication, event, performance, and usage information. Security teams can then use the data to identify any signs of a data breach. This data is typically collected through an organization’s SIEM solution.
Providing stronger cybersecurity support
Whether you’re considering an investment in a SIEM or wondering whether SIEMs are the right choice for your organization, understanding each product’s pros and cons is essential. SIEMs provide a critical security layer for organizations. In addition to protecting your organization’s data, they also support your IT operations and the evolution of your business through better business analytics.
SIEM Tools can help MSPs provide better service and centralized logging capabilities and simplify compliance reporting. The SIEM process is a critical branch of cybersecurity, and SIEM tools help align security strategy with compliance frameworks. By analyzing log data, SIEMs help reduces the risk of security breaches. In addition, identifying threats and addressing them as soon as they occur help organizations provide better customer service.
Scalability
The scalability of SIEM Tools is essential to the success of security information and event management (SIEM). Therefore, it is necessary to scale SIEM tools to suit the size of your organization. Generally, the more data you send to the SIEM tool, the more expensive it becomes. Because of this, many organizations filter data before sending it to the SIEM. This results in reduced data resolution and precision and compromises data accuracy. In addition, SIEM tools cannot identify specific threat signatures or keywords.
While using an on-prem SIEM service can reduce costs, it can be more complex. For instance, a single instance of Elasticsearch requires eight cores and 64 GB of memory. That would mean virtualizing the machine and allocating part of its resources. However, if a company needed to store large amounts of SIEM data, it would have to create more significant instances to meet the demands of the enterprise. As a result, such models are costly, and large companies are not recommended to perform large-scale SIEM operations. In addition, there are some risks associated with a DIY SIEM solution.
Compliance reporting
You need to know the different features and options available when you’re looking to enhance your IT security program with a SIEM tool. SIEM tools are available in various forms, including managed service, co-managed SIEM, and Managed Detection and Response (MDR) services. You can also opt for a public cloud-based SIEM service. However, experts like Sumo Logic recommend choosing a hosted SIEM service rather than a standalone application.
SIEM tools offer many benefits. For example, they allow companies to audit data to ensure compliance with various data protection standards. These include PCI DSS, GLBA, SOX, HIPAA, and ISO 27001. Compliance reporting is essential for businesses and other organizations, as several government regulations and industry standards require producing these reports. Compliance reporting with these standards is vital to any successful IT security program.
